1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 8 (Bernama) -- Export-oriented small and medium enterprises (SMEs), which account for 99 per cent of the ASEAN business ecosystem, stand to lose US$237.5 billion (US$1 = RM4.49) in potential revenue if they fail to transition to greener and sustainable practices.
1y ago
By Siti Baaqiah Mamat
KUALA LUMPUR, April 8 (Bernama) -- Establishing the National Scam Response Centre (NSRC) and the National Fraud Portal has yielded early signs of success in combating the rising number of scams and fraud cases reported in recent years, said Bank Negara Malaysia (BNM).
1y ago
KUALA LUMPUR, April 8 (Bernama) -- Cargill has received five prestigious Edison Awards for its groundbreaking advancements in food and agriculture.
1y ago
PUTRAJAYA, April 7 (Bernama) -- Malaysia needs to improve its preparedness in facing global economic uncertainties, including the impact of the market crash in the United States (US), which recorded losses of trillions of dollars, said Prime Minister Datuk Seri Anwar Ibrahim.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- As the United States, under President Donald Trump, moves to reshape the global trading system to its advantage, Malaysia's role as ASEAN chair in 2025 will be critical in charting the bloc’s next stage of economic growth.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Concerns about a global recession are growing, driven by recent revisions to the gross domestic product (GDP) for the United States (US), Europe, and China, along with Donald Trump’s announcement on Thursday of new reciprocal tariff plans.
1y ago
KUALA LUMPUR, April 4 (Bernama) -- AKWEL, a parts and systems manufacturer for the automotive and heavy-vehicle industry, has recorded a net income of 24.2 million euros in 2024, declining 32.3 per cent from 35.7 million euros in the previous year. (1 Euro = RM4.90)
1y ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB).
1y ago
KUALA LUMPUR, April 3 (Bernama) -- Malaysian small and medium enterprises (SMEs) must take steps to diversify both their sources of raw materials and their customer base, ensuring that supply chain risks are mitigated, according to Small and Medium Enterprises Association of Malaysia (Samenta) national president Datuk William Ng.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, April 3 (Bernama) -- The ringgit, which faced pressure against the US dollar following United States (US) President Donald Trump’s announcements on global reciprocal tariffs, closed relatively stable today, said an analyst.
1y ago
KUALA LUMPUR, April 3 (Bernama) – The Federation of Malaysian Manufacturers (FMM) has called on the government to engage with the United States to seek a reconsideration of the newly imposed 24 per cent tariff on Malaysian exports.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, April 3 (Bernama) -- The global financial markets and regional export-reliant economies including Malaysia are bracing for increased volatility following US President Donald Trump’s aggressive tariff rollout effective April 5 and April 9, 2025.